This is technology M&A deal number 89 that ChannelE2E has covered so far in 2022, and the fourth Salesforce cloud consulting partner buyout that we've seen in recent days.
Spaulding Ridge Buys Silvr Lining: Business and Executive Perspectives
Silvr Lining Group has expertise in Salesforce Service Cloud, CPQ, Sales Cloud, Analytics Cloud, Marketing Cloud, Financial Services, and Einstein.
Spaulding Ridge has 410 employees listed on LinkedIn. The company works with financial, sales and operations clientele to improve financial performance, boost sales productivity and drive operational efficiency. Additional Spaulding Ridge application expertise spans Anaplan, DocuSign, Coupa, OneStream, Oracle NetSuite and Snowflake data cloud.
In a prepared statement about the acquisition, Spaulding Ridge CEO Jay Laabs said:
“The absorption of Silvr Lining Group into our Salesforce practice continues to add technical depth to our growing capabilities. Like Spaulding Ridge, Silvr Lining Group works hand-in-hand with clients for optimum output, making them a valuable addition to our existing European Salesforce team.”
Added Danny Ayres, CEO of Silvr Lining Group:
“We are excited at the prospect of what our joint venture can bring to the European market. It was apparent from our first meeting that Spaulding Ridge shared our drive in bringing client success to the forefront of everything we do. We look forward to what the future holds as part of the Spaulding Ridge team.”
Salesforce Partner Acquisition Experience
Spaulding Ridge has M&A experience. The company acquired Salesforce partner Buan Consulting and Plan Rocket in 2018.